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Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Occidental reported adjusted earnings of $1.06 per diluted share and reported earnings of $3.13 per diluted share, the difference largely driven by the gain on the OxyChem sale. Production averaged 1.426 million BOE per day, a 21,000 BOE per day beat against the midpoint of guidance, driven by strong new well performance and uptime across the domestic portfolio, while domestic lease operating expense outperformed at $7.85 per BOE. Free cash flow from continuing operations was approximately 52% higher even with oil prices roughly in line with 2025, and principal debt fell to $13.3 billion, below the $14.3 billion target set the prior quarter. Management raised the midpoint of full-year Midstream guidance to $1.1 billion, an increase of approximately $800 million, while adjusting the full-year production guidance midpoint to 1.44 million BOE per day on Middle East disruptions. Vicki Hollub announced her retirement after a 45-year career, with Richard Jackson succeeding her as President and CEO and emphasizing continuity in execution and cost efficiency.
Key themes
7
neutral📊 company
CEO Succession With Strategic Continuity
Vicki Hollub retiring June 1 after 45-year career; Richard Jackson succeeding as President and CEO with Board approval. Jackson emphasized continued focus on execution, cost efficiency, and organic development from the existing resource base.
Capital Allocation
positive📊 company
Production Beats Guidance On Domestic Strength
Production averaged 1.426 million BOE per day, exceeding high end of guidance by 21 thousand BOE per day. Domestic outperformance of 33 thousand BOE per day driven by strong Permian and Rockies new well performance and 98% Gulf Of America topside uptime.
Revenue GrowthCompetitive Dynamics
positive📊 company
Aggressive Deleveraging Ahead Of Target
Principal debt reduced to $13.3 billion, below the $14.3 billion target set in Q4 2025. Since December, $7.5 billion paid down. Go-forward interest payments of $845 million per year, approximately $550 million lower than 2025. Near-term priority is reducing to $10 billion.
CreditCapital Allocation
positive📊 company
OxyChem Sale Simplifies Portfolio
OxyChem divestiture generated gain lifting reported EPS to $3.13 versus adjusted EPS of $1.06. Company now focused on oil and gas with 83% of production and 88% of resources in the United States. Proceeds accelerated debt reduction.
M&ACapital Allocation
negative📊 company
Middle East Disruptions Constrain International Ops
Modest operational constraints at Alosan beginning mid-March expected to normalize before end of Q2. Higher PSC-effect oil prices reduced net international production. Full-year production guidance midpoint adjusted to 1.44 million BOE per day partly due to Middle East impacts.
MacroeconomicSupply Chain
positive📊 company
Cost Efficiency Savings Program Accelerating
On track for additional $500 million in oil and gas cost savings in 2026 across new well costs, facility costs, operating costs, and transportation. Domestic LOE at $7.85 per BOE, 5% improvement versus Q1 guidance. Approximately 7% new well cost improvement on track.
Cost PressureMargin
mixed📊 company
Stratos DAC Facility Faces Non-Process Issue
Phase 2 construction of second 250 thousand tons per year capacity complete. Phase 1 commissioning showed technology performing as expected. However, non-process component issue identified requiring repair; timeline under assessment. No expected impact to capital range for the year.
CompanyFiscal year ends DecMost recent earnings call: Aug 6, 2026 (FY2026 Q2)Est. next earnings call: Nov 9, 2026
6/ 10
FY2026 Q1Mixed+1.0 vs FY2025 Q4
Calendar quarter Q1 2026Earnings call May 6, 2026
FY2026 Q1 in brief
Occidental reported adjusted earnings of $1.06 per diluted share and reported earnings of $3.13 per diluted share, the difference largely driven by the gain on the OxyChem sale.
NeutralCEO Succession With Strategic Continuity
PositiveProduction Beats Guidance On Domestic Strength
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
5%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for Occidental Petroleum (OXY), FY2026 Q1: 6/10. Scores: Occidental Petroleum’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: OXY daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
Mentions
Calendar Q1 2026
What OXY said about other companies on its FY2026 Q1 call, and what other companies said about OXY on their calls covering the same calendar quarter (Q1 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“strong completion activity in the Delaware Basin by Occidental, BP, and Devon in Loving and northern Reeves counties, and in the Midland Basin by Exxon in Martin County.”
Occidental drove strong completion activity on TPL's Delaware Basin royalty acreage, a positive signal on Occidental's Permian development pace.
company-level, not the selected quarter
GAAP revenue YoY -23.1% → base 2. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base2Base 2GAAP revenue YoY -23.1% → base 2. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript+2Transcript +2Tier 2 transformative divestiture: OxyChem sale removed approximately $1.5B/quarter of chemical revenue from GAAP, making revenue structurally misleading. CFO stated oil prices roughly in line with 2025; ex-divestiture O&G revenue approximately flat. Band gap: clean base ~5 (flat) vs GAAP base 2 (decline >15%) = 3 bands, capped at +2.+EPS0EPS 0GAAP EPS YoY +311.69% driven by OxyChem sale gain ($3.17 reported vs $1.06 adjusted). GAAP EPS spread: +334.81 percentage points (mechanical +1). GAAP operating income YoY -74.61%, operating income spread: -51.49 percentage points (mechanical -1). EPS and OI disagree on direction, but both are contaminated by the same OxyChem divestiture: Q1 2025 included OxyChem operations while Q1 2026 does not. Divestiture impact already captured in +2 transcript adjustment. Adjusted EPS $1.06 vs prior-year GAAP $0.77 suggests improvement, but Q1 2025 adjusted EPS unavailable for clean comparison. Setting 0 to avoid double-counting divestiture.+Guidance+2Guidance +2Midstream segment earnings guidance midpoint raised from approximately $300M to $1.1B (+267%, well above 3% threshold). Production guidance midpoint lowered to 1.44M BOE/day due to Middle East disruptions and EOR optimization, but production/volume targets are not scored for Energy companies per sector rules. CapEx range maintained at $5.5-5.9B (spend commitment, not scored). Midstream raise is a financial segment guide (growth commitment) -> +2.=Final6
How this score was built
Base2Base 2GAAP revenue YoY -23.1% → base 2. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript+2Transcript +2Tier 2 transformative divestiture: OxyChem sale removed approximately $1.5B/quarter of chemical revenue from GAAP, making revenue structurally misleading. CFO stated oil prices roughly in line with 2025; ex-divestiture O&G revenue approximately flat. Band gap: clean base ~5 (flat) vs GAAP base 2 (decline >15%) = 3 bands, capped at +2.+
66.24
38.92
6
5
6
Oct 25Oct 26
Key financials
FY2026 Q1 selectedReported GAAP figures from SEC filings
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Quarter
Revenue
Rev YoY
EPS
EPS YoY
Net margin
FCF
FY2024 Q4
$6.76B
-5.7%
$-0.32
-129.6%
-1.9%
$1.57B
FY2025 Q1
$6.80B
+13.9%
$0.77
+2.7%
13.8%
$240M
FY2025 Q2
$6.41B
-5.9%
$0.26
-74.8%
7.1%
$962M
FY2025 Q3
$6.62B
-7.7%
$0.65
-33.7%
12.5%
$1.02B
FY2025 Q4
$5.11B
-9.3%
$-0.07
—
2.0%
$1.88B
FY2026 Q1Selected
$5.23B
-8.3%
$3.13
+306.5%
64.0%
$-273M
FY2026 Q2
$8.06B
+53.4%
$2.75
+957.7%
36.9%
$2.68B
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“adjusted earnings of $1.06 per diluted share, and reported earnings of $3.13 per diluted share”
Revenue
“approximately 52% higher free cash flow from continuing operations”
Guidance
“raising the midpoint of full-year Midstream guidance to $1.1 billion, an increase of approximately $800 million”
Key metric
“1.426 million BOE per day production, a 21 thousand BOE per day beat against the midpoint of guidance”
EPS0EPS 0GAAP EPS YoY +311.69% driven by OxyChem sale gain ($3.17 reported vs $1.06 adjusted). GAAP EPS spread: +334.81 percentage points (mechanical +1). GAAP operating income YoY -74.61%, operating income spread: -51.49 percentage points (mechanical -1). EPS and OI disagree on direction, but both are contaminated by the same OxyChem divestiture: Q1 2025 included OxyChem operations while Q1 2026 does not. Divestiture impact already captured in +2 transcript adjustment. Adjusted EPS $1.06 vs prior-year GAAP $0.77 suggests improvement, but Q1 2025 adjusted EPS unavailable for clean comparison. Setting 0 to avoid double-counting divestiture.
+
Guidance+2Guidance +2Midstream segment earnings guidance midpoint raised from approximately $300M to $1.1B (+267%, well above 3% threshold). Production guidance midpoint lowered to 1.44M BOE/day due to Middle East disruptions and EOR optimization, but production/volume targets are not scored for Energy companies per sector rules. CapEx range maintained at $5.5-5.9B (spend commitment, not scored). Midstream raise is a financial segment guide (growth commitment) -> +2.
Occidental reported adjusted earnings of $1.06 per diluted share and reported earnings of $3.13 per diluted share, the difference largely driven by the gain on the OxyChem sale
ConocoPhillips generated $5.4 billion in CFO with adjusted earnings of $1.89 per share as Lower 48 production of 1,453,000 boe/d represented 4% year-over-year underlying growth despite overall production being adjusted down for Qatar Middle East conflict disruptions and Surmont royalty changes
Diamondback went straight to Q&A and used the call to activate its green light framework, adding 2 to 3 rigs and a fifth completion crew in response to $100 oil and what management called the world's largest oil supply disruption in history, establishing 520,000-plus barrels per day of oil as the new baseline
Record Quarterly Revenue, Net Income, and Free Cash Flow
OXYOccidental Petroleum
Score 6Rev YoY -23.1%Trend
Occidental reported adjusted earnings of $1.06 per diluted share and reported earnings of $3.13 per diluted share, the difference largely driven by the gain on the OxyChem sale
ConocoPhillips generated $5.4 billion in CFO with adjusted earnings of $1.89 per share as Lower 48 production of 1,453,000 boe/d represented 4% year-over-year underlying growth despite overall production being adjusted down for Qatar Middle East conflict disruptions and Surmont royalty changes
Diamondback went straight to Q&A and used the call to activate its green light framework, adding 2 to 3 rigs and a fifth completion crew in response to $100 oil and what management called the world's largest oil supply disruption in history, establishing 520,000-plus barrels per day of oil as the new baseline